Is Mora, NM 87732 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mora is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market29Listing to accepted offer

Median price per sq ft$262

The Mora housing market right now

In the three months ending August 31, 2026, 0% of homes in Mora, NM 87732 sold above their list price and the typical home went under contract in 29 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (81 days then) and the median sale price fell 2% to $209,909. Overall, Mora is more competitive than a year ago, so tougher for buyers.

About the area

Mora County, NM

Population	1,505
Median income	$69,421
Average income	$73,617
Median home value	$135,200
Median rent	$1,123/month
Owner-occupied	82% of homes
Median year built	1972

Natural hazard riskWildfire (very high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87732; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87732

Prefilled for 87732Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87732Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cleveland 87715 — /sq ft Guadalupita 87722 — /sq ft Ocate 87734 — /sq ft Browse all markets →

Towns like Mora nearby

Find towns like Mora in other states →

Ranchos De Taos, NM87557 · 29 miles away47% similarpricier homes ($221K more) · larger Las Vegas, NM87701 · 27 miles away46% similarpricier homes ($47K more) · larger Sapello, NM87745 · 19 miles away39% similarlower income ($30K less) · 6 min longer commute Penasco, NM87553 · 25 miles away38% similarpricier homes ($68K more) · 15 min longer commute

Where Mora is

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Questions about Mora real estate

How fast do homes sell in Mora?

The typical home went under contract in 29 days in the latest three months.

Do homes in Mora sell over asking?

0% of homes sold above their original list price.

What are property taxes in Mora?

About 0.72% of a home’s value a year in Mora County, or roughly $2,880 on a $400,000 home.

What is the median home price in Mora?

The median sale price was $209,909 in the three months ending August 31, 2026, about $262 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology